| FAS latest price $96.2500 (1.7%) ($94.6600 - $96.2500) on Thu. Jan. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 81 |
Latest Price | $96.2500(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(95%) IVE(94%) DIA(92%) SDY(91%) IWN(90%) |
Factors Impacting FAS price | FAS will decline at least -0.805% in a week (0% probabilities). VIXM(-60%) TLT(-26%) VXX(-25%) UUP(-13%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.8% |
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